The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of State Bank Of India for its Sarjamda branch in East Singhbhum, Sarjamda, Jharkhand, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of State Bank Of India located in East Singhbhum or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code SBIN0015929. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for State Bank Of India, Sarjamda, East Singhbhum
The table below shows the main details of the IFSC Code SBIN0015929 for the State Bank Of India branch in East Singhbhum, which falls under the Sarjamda district in Jharkhand.
| Particulars | Details |
|---|---|
| Bank | State Bank Of India |
| IFSC Code | SBIN0015929 |
| Branch | Sarjamda |
| City | East Singhbhum |
| District | Sarjamda |
| State | Jharkhand |
| Address | Purty Compound,Main Road , Sarjamda. Distt. East Singhbhum. Jharkhand831002 |
These details helps users in online banking and for businesses and individuals who use State Bank Of India in East Singhbhum for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SBIN0015929 for the Sarjamda branch of State Bank Of India plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including State Bank Of India located in Sarjamda, East Singhbhum, Jharkhand, is provided a unique IFSC like SBIN0015929 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the State Bank Of India branch in East Singhbhum.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like East Singhbhum and Sarjamda.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Jharkhand and the rest of India, the IFSC Code ensures that transactions meant for State Bank Of India in Sarjamda do not get misguided to another person.
Format of the IFSC Code SBIN0015929
The format of the IFSC Code for banks, including State Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For State Bank Of India, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sarjamda in East Singhbhum.
For example, the IFSC Code SBIN0015929 of State Bank Of India for the Sarjamda branch includes these elements, identifying the bank and the branch location in East Singhbhum and Jharkhand accurately.
How to Find IFSC Code for State Bank Of India?
If you are trying to find the IFSC Code SBIN0015929 of State Bank Of India for its Sarjamda branch located in East Singhbhum, the following methods can help:
Cheque Book
The cheque book issued by State Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including State Bank Of India branches in East Singhbhum and Sarjamda, print them on the first page of your passbook.
Bank Website
Visit the official website of State Bank Of India and navigate to the branch locator section. Search for Sarjamda or East Singhbhum to get the exact IFSC Code SBIN0015929.
Mobile Banking App
If you use State Bank Of India's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for State Bank Of India and East Singhbhum, you'll get the correct details.
How to Use IFSC Code SBIN0015929 for Online Transfers?
Once you have the IFSC Code SBIN0015929 for the Sarjamda branch of State Bank Of India in East Singhbhum, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SBIN0015929. Transfers are processed in batches. This is suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and State Bank Of India IFSC Code SBIN0015929.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for State Bank Of India Sarjamda in East Singhbhum may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of State Bank Of India in Sarjamda, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official State Bank Of India website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in East Singhbhum to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SBIN0015929.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Purty Compound,Main Road , Sarjamda. Distt. East Singhbhum. Jharkhand831002 located in East Singhbhum, Sarjamda, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.